The fall of crude oil prices on Tuesday result in a day of mixed trading for Oklahoma energy stocks. The decline in oil prices was linked to a seemingly easing of worries about a possible widespread war in the Middle East. Iran has yet to turn its vocal threats into military action against Israel over …
If you hop aboard the tourist-popular Durango & Silverton Narrow Gauge Railroad train in southern Colorado, don’t expect to smell the coal-fired smoke coming out of the historic engines. It’s gone. No more. Instead, the company phased out its last coal-burning engine this year and switched to five oil-powered engines running on the …
** Chevron has achieved a technological breakthrough, producing first oil from a U.S. Gulf of Mexico field under extreme subsea pressures, the energy company said on Monday. ** Volvo’s all-electric semi trucks have reached the landmark of driving 50 million miles, making work safer and quieter for drivers. According to Electrek, Volvo said that if its vehicles had …
An attorney for a Weatherford-based erosion control company indicted by an Oklahoma City federal grand jury on price-fixing charges maintains the firm has done nothing wrong and will defend itself in court. Sioux Erosion Control Inc., its Vice President BG Dale Biscoe and company estimator Randall David Shelton were named in the indictments, accusing …
A Tulsa-area contractor faces 17 counts of felony embezzlement and one count of engaging in a pattern of criminal offenses following an investigation by Attorney General Gentner Drummond’s Consumer Protection Unit. Charges were filed this week in Creek County against Todd Douglas Briggs, who operated T Briggs Construction and Oasis Pools and Outdoor Living. He …
Members of the Oklahoma House Energy and Natural Resources Committee already know they will meet in October to focus on a number of related issues. During the hearing on Tuesday, October 22, the committee will spend the entire day discussing water, energy generation and the wind industry. The committee will focus on the topic …
Oklahoma Congressman Frank Lucas and others on the House Committee he chairs are digging deeper into the Biden administration’s decision to freeze exporting U.S. liquified natural gas. And they are raising new concerns about flawed science used by the administration in the LNG pause. Rep. Lucas chairs the House Energy and Science Technology Committee …
ONEOK executives are part of a national conference underway this week in Las Vegas. They’re taking part in investor meetings at the Citi Midstream and New Energy Infrastructure Conference. The Tulsa-based company did not identify the executives.
The Houston electric utility aided by Oklahoma Gas and Electric company workers following Hurricane Beryl is now under investigation by the Texas attorney general. Ken Paxton, the state’s Republican attorney general, said in a statement. “If the investigation uncovers unlawful activity, that activity will be met with the full force of the law.” He …
As the Middle East saber rattling intensified on Monday with Iran threatening to launch more missiles against Israel, crude oil prices shot up more than 3%. At the same time, some Oklahoma energy stocks dropped. The gain for crude oil prices was the fifth consecutive session as the U.S. sent a guided missile submarine to …